- Press releases
Here you will find all news and press releases.
EKN has appointed Kristian Orrbeck as a new Head of Unit for Medtech, Industries and Commodities within the Large Corporates Business Area. The customer team currently handles a large number of transactions, which is expected to increase during 2021.
New Head of Unit for Medtech, Industry and Commodities
EKN’s Interim Report Jan–Aug 2020: EKN’s regular guarantee operations increased 27 per cent to SEK 52.1 billion year-on-year. Temporary crisis measures with working capital credit guarantees for large corporates amounted to SEK 52.1 billion.
Extensive crisis measures and expanded regular operations
An export finance system that contributes to climate transition.
EKN submits report to the Swedish Government
The government has decided to appoint Stefan Sjöquist as new board member of EKN for the coming year (July 1, 2020 – June 30, 2021).
New board member
EKN issued guarantee offers totalling more than SEK 120.7 billion in the first four months of 2020. The more than six-fold increase is due to booming demand for working capital credit guarantees. “They’ve given companies essential assistance for financing working capital during the crisis,” says Anna-Karin Jatko, Director-General of EKN.
Booming demand for EKN’s crisis measures
covering Working Capital Credit Financing for large companies.
Record interest for EKN’s guarantees
A new EU decision now enables EKN to insure short-term risk for export transactions within the EU and to high-income countries, which was previously not permitted.
EKN can now insure export transactions within the EU
On March 24, the World Bank Group and the IMF called upon Official Bilateral Creditors to suspend debt payments for the poorest countries of the world.
Debt service suspension for poorest countries
To support exporting companies.
New and extended guarantees from EKN
The need for EKN is higher in difficult times and the Swedish Government proposes in a bill to the Parliament to increase EKN’s statutory limit. EKN is preparing adjustments and extensions to accommodate the anticipated growth in demand.
The Government proposes an increase in EKN’s guarantee limit
EKN’S ANNUAL REPORT 2019. EKN enjoyed another successful year in 2019, with a record number of deals and a sustained high volume of guarantees. “It is particularly rewarding that more small and medium-sized businesses than ever before made use of EKN’s guarantees,” says Anna-Karin Jatko, Director General at EKN.
Record number of deals for EKN in 2019